80.2K
Verified Solution
Link Copied!
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
State of Economy | Probability | Rate of return |
|
Strong | 0.15 | 21 | % |
Normal | 0.50 | 8 | % |
Weak | 0.35 | -4 | % |
What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.
Answer & Explanation
Solved by verified expert